Amid a considerable franchise turnaround, Orlando Magic coach Jamahl Mosley has agreed to a four-year contract extension that will take him through the 2027-28 season, sources told ESPN on Tuesday morning.

Mosley, 45, has overseen a Magic revival that has delivered the franchise's young core to a 37-28 record and fifth place in the Eastern Conference thus far this season. The deal was completed by Mosley's representative, Bret Just of WME, and Magic president of basketball operations Jeff Weltman on Monday night, sources said.

Weltman hired Mosley three years ago, and together they've undertaken a roster overhaul built around forwards Paolo Banchero and Franz Wagner that has set the Magic on a trajectory for the conference's elite.

The Magic have increased their victory total in each season under Mosley, including a 12-game improvement to 34 in 2023-24 and being up to 37 so far this season. The Magic are fifth in defensive efficiency this season, on pace to finish in the top five for the first time since the 2009-10 season, according to ESPN Stats & Information research. The Magic have allowed fewer than 100 points 18 times this season -- tied for most in the NBA.

Mosley arrived with the Magic in 2021 after seasons under Rick Carlisle with the Dallas Mavericks. Mosley spent the previous nine seasons on coaching staffs with the Cleveland Cavaliers and Denver Nuggets. He spent the 2023 summer as coach of the Team USA select team.